we understand the company delisted because of the small and decreasing number of shareholders remaining on the New Zealand register as well as a reduced number of trades being undertaken on the NZSX, directors therefore determined that the costs associated with the Companyâ€™s shares remaining listed on the NZSX outweigh the benefits

we understand the board decided on a privatisation of the company given the NXT market had not achieved critical mass, shares were rarely traded and listing costs outweighed the benefits - major shareholders concurred and the company bought back the shareholdings of some minorities at a Buyback Price of $0.75 per share

we understand the company failed and went into liquidation - liquidators believed it was unlikely that any value would be realised from IQE shares, and it was not anticipated that there would be any opportunity to trade IQE shares in future

we understand the company delisted following the sale of its operating assets and capital return of the bulk of the proceeds to shareholders (either NZ$3.8036 or US$2.6540, depending on the individual shareholder's currency election) - the company will shortly enter a voluntary liquidation process and it is expected there will be a further capital return later in the year

we understand Antipodes Gold Limited (AXG) merged with CRP and issued as consideration one Antipodes share for every 65.59 CRP shares - AXG then changed its name to Chatham Rock Phosphate Limited (CRP)

we understand APN delisted because the number of shareholders on the New Zealand register represented a very small fraction of APN's total shareholders and there has been minimal trading on the NZX for some time. In addition, APN has demerged its New Zealand business, NZME, as previously announced to the market in 2016

we understand the company expected to realise benefits for shareholders by delisting from the NZX including a reduction in the Companyâ€™s legal and regulatory costs and that NZ shareholders could benefit from increased liquidity of the Companyâ€™s securities
on the ASX - NZ holdings are now held in the form of CDIs

we understand delisting followed advice from NZX that it is encouraging NZAX participants to migrate to either its main board or its new NXT market and SGL does not qualify for either route (the company's plan is to list on Unlisted)

we understand the Stride Stapled Group (Stride Property Limited and Stride Investment Management Limited) listed today on the NZX Main Board under the ticker code SPG. Shareholders in Stride Property Limited have received the same proportionate interest in the Stride Stapled Group as they had in Stride Property, receiving one share in SIML for every Stride Property share held. Stride has also demerged its new property investment vehicle, Investore Property Limited, a stand-alone company that has today listed its shares on the NZX Main Board.

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